Despite being launched just over two months back in May of this year, over a million South Korean drivers have already traded in their traditional driver's license for a digital equivalent, with one notable difference the new licenses are enabled by blockchain technology.
South Korea has been at the forefront of the blockchain technology renaissance that drew a lot of attention a couple of years ago thanks to the speculative trading potential of cryptocurrencies running on blockchain technology. But the potential of the underlying technology is vast, able to power processes and keep secure, verifiable records in a variety of fields, ranging from healthcare to automotive to banking.
